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CODE: CB 004PAGE: 1 of 3EFFECTIVE:UPDATE NO.:INITIATED BY: PRIME CONSULTANT CO., LTD.STANDARD OPERATING PROCEDUREDEPT./SECTION:REVIEWED BY: APPROVED BY: SUBJECT:FOREIGN CURRENCY EXCHANGE FLOATOBJECTIVE:

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How to fill out authorization for foreign currency

01

Obtain the necessary form for authorization for foreign currency from the appropriate authority or financial institution.

02

Fill out all required personal information such as name, address, date of birth, and passport number.

03

Specify the amount of foreign currency you wish to purchase or exchange.

04

Provide details of the purpose of the foreign currency transaction, such as travel, business, or investment.

05

Sign and date the authorization form to confirm accuracy and completeness of the information provided.

06

Submit the completed form along with any supporting documents required by the authority or financial institution.

Who needs authorization for foreign currency?

01

Individuals or companies who wish to purchase or exchange foreign currency in a regulated market.

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What is authorization for foreign currency?

Authorization for foreign currency is a document that allows individuals or businesses to legally exchange or hold foreign currency.

Who is required to file authorization for foreign currency?

Individuals or businesses planning to exchange or hold foreign currency are required to file authorization for foreign currency.

How to fill out authorization for foreign currency?

Authorization for foreign currency can be filled out online through the designated platform provided by the financial institution or regulatory authority.

What is the purpose of authorization for foreign currency?

The purpose of authorization for foreign currency is to monitor and regulate the flow of foreign currency in and out of a country to ensure compliance with laws and regulations.

What information must be reported on authorization for foreign currency?

The authorization for foreign currency typically requires reporting details such as the amount of foreign currency being exchanged or held, purpose of the transaction, source of funds, and personal or business information.

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